Colorado the new North Dakota?

December 5, 2011 8:43 am

The Institute for Energy Research did a story on Colorado being the “New North Dakota,” thanks to a discovery of an oil play – the Wattenberg Field in the Niobrara – that could be very similar to ND’s Bakken. Read the Institute for Energy Research article here, and find out some interesting tidbits, like how the Wattenberg Field is one of the 20 largest oil and gas fields in the United States, and how Anadarko, a drilling company, thinks its 350,000 acres could output up to 55 billion barrels a year. Read the IER story on Colorado’s oil play here.